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EDS Says It Received Contract
To Develop Software for NASD

PLANO, Texas -- Electronic Data Systems Corp. said it received a 10-year contract to develop software and manage computers for the National Association of Securities Dealers Inc.

Under the contract, which the companies valued at $1.5 billion to $2 billion over the 10 years, EDS will hire 350 employees at NASD's Rockville, Md., technology center and oversee 350 contract workers.